*CALL TO OFFERS: APRIL 5TH* Seller must carry papers with exceptional terms! See details in ''More''.. Tucked between the Pacific Ocean and the Santa Ynez mountain range sits 125-129 Greenwell Ave. This Coastal Zoned property boasts two buildings consisting of (4) 2 bed / 1 bath and (6) 1 bed / 1 bath apartments. Units offer an abundance of natural light and have been well maintained and refreshed with various updates over the years. Tenants enjoy the ease of off-street parking and a communal deck with patio tables. This asset is centrally located in the charming beach town of Summerland, within walking distance to shops and eateries including Field + Fort and The Nugget, while being only a short drive to Santa Barbara's most popular hiking trails.

Supplements: Do not miss out on making this special coastal property your next investment opportunity for long-term rentals and possibly vacation rentals! Owner must carry papers with exceptional terms. See investment analysis for more information. Seller Carryback Details: -25% Downpayment -10 Year Term (Interest Only) -3% Interest Rate Year One -4% Interest Rate Year Two -5% Interest Rate Years 3-5 -6% Interest Rate Years 6-10 *15% Prepayment Penalty Fee if the loan is paid off in the first 10 years.